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Economy

Tirohia tēnei whārangi i te reo Māori

New Zealand has a mixed economy that operates on free-market principles. It has a sizeable service sector, complemented by a productive agricultural sector and related manufacturing industries.

OECD industry group

Value

Year ended March 2011(1) ($million)

 Growth rate

March 2008–March 2013(2) (Percent)

Financial and insurance services; rental, hiring, and real estate services; and professional, scientific, technical, administrative, and support services 53,036 7.2
Wholesale trade; retail trade; accommodation and restaurants; transport, postal, and warehousing; and information media and telecommunications 37,541 5.1 
Government administration and defence; education and training; health care and social assistance; arts and recreation services, and other services 36,615 5.4
Mining; manufacturing; electricity, gas, water, and waste services 33,448 -2.8
Agriculture, fishing, and forestry 13,225 12.1
Construction 10,295 0.4
GST on production + import duties 14,948 3.7 
Total gross domestic product 199,108 4.5

1. Current prices. 2. Constant 1995/96 prices.

Find out more about gross domestic product

 

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